EUR/USD Exchange Rate Today, Forecast & News

EUR/USD
Euro - US Dollar
Open
1.07756+0.00130 (+0.12%)
As of: May 06, 2024 17:43 UTC
Open
1.07626
High
1.07764
Low
1.07573

Stats

Prev. Close

1.07626

Open

1.07626

Day's Range

1.07573 - 1.07764

52 Week Range

1.04484 - 1.12758

YTD Change

-2.37%

1 Year Change

-2.30%

Economic CalendarAll Events

Time zone: GMT

Monday, May 6th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
07:50	EUR	HCOB Services PMI FinalApr	Medium	51.3	50.5	48.3
07:55	EUR	HCOB Services PMI FinalApr	Medium	53.2	53.3	50.1
16:50	USD	Fed Barkin Speech	Medium
17:00	USD	Fed Williams Speech	Medium

Tuesday, May 7th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	EUR	Exports MoMMar	Medium			-2%
06:00	EUR	Balance of TradeMar	High		€22.4B	€21.4B
06:00	EUR	Factory Orders MoMMar	Medium		-0.1%	0.2%

EUR/USD

The EUR and USD are the most widely traded currency pairings across the FX world. Their respective economies are also the world's 2 largest. The EUR, alongside the USD, is also a major global currency reserve. While both are influenced by central banks, the Eurozone does not have central control on fiscal policy across member states. Monetary policy divergence and geopolitics also provide volatility across the pairing. The pair account for 28% of total transaction volume in the FX market.

	Euro Area		United States
Interest Rate	4.5% Apr 24		5.5% Apr 24
Inflation Rate	2.4% Apr 24		3.5% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	N/A	N/A	AaaNegative	AA+Stable